Trade deficit expected to widen as El Niño forces more food imports

Trade deficit expected to widen as El Niño forces more food imports

THE trade deficit could widen in the coming months as dry conditions brought by El Niño compel the country to import more agricultural commodities, analysts said.

Source: BusinessWorld
https://bworldonline.com/economy/2026/10/04/784311/trade-deficit-expected-to-widen-as-el-nino-forces-more-food-imports/